Philippines sugar industry gets new biofuel grading

The Philippines Sugar Regulatory Authority has decided to set up a new classification for sugar to be used for biofuels. It looks like a way of properly accounting for sugar which would otherwise be counted as exports.

Sugar production in the 2007-2008 crop year hit a 25-year-high of 2.455 million tonnes, which resulted in a surplus of some 611,000  tonnes according to Business World Online. 

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